Ethanol Week - August 6, 2012

Ethanol industry pushes back against RFS attacks A day after more than 100 representatives sent a letter to the U.S. EPA, urging relief from the renewable fuel standard, two trade associations of the ethanol industry laid out many reasons why a RFS waiver is not needed. READ MORE SHARE
Finance committee votes to extend cellulosic, biodiesel credits Three important tax credits for biofuels were included in a bipartisan package of tax extenders included in a tax package passed Aug. 2 by the Senate finance committee, offering hope to advanced biofuel developers. READ MORE SHARE
	Valero, ADM report decreased income in ethanol business segments The ethanol businesses of Valero Energy Corp. and Archer Daniels Midland Co. showed significantly decreased earnings in the ethanol business segment the last quarter. READ MORE SHARE
Commissioning under way at Florida cellulosic ethanol plant Commissioning is well under way at the commercial-scale Ineos New Planet Bioenergy LLC facility, dubbed the Indian River BioEnergy Center, located near Vero Beach, Fla. READ MORE SHARE
EU trade investigation ongoing, no duties imposed yet Although a final decision has not yet been made, the unofficial word is that the European Commission informed EU member states that it would not be issuing an order imposing preliminary duties against the U.S. ethanol industry. READ MORE SHARE
Eco-Energy to add Virginia to its ethanol facilities in the East Eco-Energy Holdings Inc. continues to expand its facilities in the East, announcing a partnership with NuStar Terminals Operations Partnership LP to jointing develop and ethanol unit train and storage facility, including outbound truck loading. READ MORE SHARE
Sweetwater Energy oversubscribes Series A round of funding Rochester, N.Y.-based Sweetwater Energy Inc., a cellulosic sugar manufacturer has oversubscribed and closed its Series A funding round. The company sought $5 million in initial funding, but investor response was greater than expected. READ MORE SHARE
USDA deregulates herbicide resistant energy beet, sugar beet A recent decision by the USDA Animal and Plant Health Inspection Service means Roundup Ready sugar beets and energy beets can now be sold commercially. That's exciting news for potential biofuel producers hoping to use beets as feedstock. READ MORE SHARE
EurObserv'ER report: biofuel consumption growth slows in Europe EurObserv'ER has released its annual Biofuels Barometer report, showing that growth in biofuel consumption in the 27 EU member states decreased in 2011. However, consumption of second-generation biofuels is expected to increase in the future. READ MORE SHARE
Ethanol plants awarded funds under USDA advanced biofuel program The USDA announced payments to 125 advanced biofuel producers, including 10 ethanol plants. The awards were made under the Bioenergy Program for Advanced Biofuels, which provides payments to eligible producers using non-corn starch feedstocks. READ MORE SHARE